EconomicsHUMANITIES AND SOCIAL SCIENCES COMMUNICATIONS
Trust premium in the second-hand housing market: evidence from the negotiation rate
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This groundbreaking study by Fang Zhang, Hang Zhang, and Yun Zhang explores how trust influences second-hand housing transactions in China, revealing a significant trust premium for buyers. The findings shed light on the role of 'youth capital' and local advantages, enhancing our understanding of social credit systems in real estate.
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